The Real Deal: Lessons from Hong Kong’s tower inferno
Fire safety must never be an afterthought, a budget item or a box to be ticked.
Fire safety must never be an afterthought, a budget item or a box to be ticked.
In dismissing the application, the Federal Court bench held that the issues raised by PD1’s management corporation were neither novel nor of public importance such that they would warrant further scrutiny; thus, the COA’s decision stood.
With a gross development value of RM800 million, the project will offer about 1,300 units consisting of serviced apartments with built-ups from 484 to 657 sq ft, as well as office suites with built-ups from 323 sq ft.
The freeport is envisioned to offer tax exemptions on energy and maritime businesses, import-duty exemptions on most raw materials and equipment for manufacturing, unrestricted capital and profit repatriation, and allows 100% foreign ownership subject to conditions.
The move comes as Batu Kawan continues to attract multinational manufacturers, semiconductor players, logistics providers and data centre operators, driven by Penang’s position as Malaysia’s top electrical and electronic (E&E) investment hub.
In August, E&O inked a deal to sell two adjoining freehold land parcels in Hammersmith—held under its indirect subsidiary Hammersmith Properties Ltd—to Varsity Capital 1 Propco Ltd for up to £90.
Outside at the Esplanade, Malaysia’s first outdoor skating rink circles the mall’s 80ft Christmas tree, set against the PETRONAS Twin Towers.
When we think of industrial areas, what comes to mind is often hard, cold, stoic places focused only on the function of production.
In an age where industries shift from manual to digital, production lines today run not just on steel and labour, but more and more on intelligence and data too.
In the highly competitive industrial-real-estate landscape of the Klang Valley, one development stands out for its state-of-the-art design, connectivity, and investor momentum: Eco Business Park (EBP) V by Eco World Development Group Bhd.